Stocks in News: SJVN, KALPTARUPROJECT, SUZLON, PAYTM, IREDA, POWERGRID, MACROTECH, SIGNATURE, TCS, BOI
AHMEDABAD, 1 JANUARY:
SJVN: Company has signed a MoU with the Bihar government for the development of the 1000 MW Hathidah Durgawati Pumped Storage Project. (Positive)
Kalpataru Projects: Company secures Rs 1,011 crore in new orders. (Positive)
Dynacons: Company wins Rs. 280 crore data center project from Canara Bank (Positive)
Indo-Tech Transformers: Company secures Rs 117.17 crore order for supply of 150 MVA transformers (Positive)
BMW Industries: Company secures new long-term work orders worth Rs 364.7 crores. (Positive)
Jagatjit Industries: Company ends manufacturing agreement with Hindustan Unilever. (Positive)
Suzlon Energy: CRISIL Upgrades SE Forge Limited, Wholly Owned Subsidiary Rating to BBB+. (Positive)
RPP Infra Projects: Company Entering Partnership with Paper Pack Packaging Industry, Contribution Up To Rs 80 Million With 95% Profit Sharing. (Positive)
Aviation stocks: Jet Fuel Price Cut By ₹1,401/KL To ₹90,455.47/KL in Delhi. (Positive)
IREDA: Loans sanctioned more than double from last year, book size near ₹70,000 crore (Positive)
PayTM: NPCI extends 30% volume cap for Third Party Application Providers (TPAPs) by 2 years until December 31, 2026 (Positive)
Telecom stocks: Department of Telecommunications released the Telecommunications (Right of Way) Rules, 2024. Will govern the construction, use, and maintenance of underground communications facilities on public property. (Positive)
Macrotech/Signature/Oberoi: December had 12,363 property registrations-13 year high levels in Mumbai (Positive)
PNC Infratech: Company receives NHAI nod for divestment in Rajasthan Highways subsidiary. (Positive)
Power Grid: Company incorporated subsidiary to develop Rajasthan’s intra-state transmission system. (Positive)
Jupiter Wagons: Company Increases Stake in Subsidiary Jupiter Electric Mobility To 75% From 60% (Neutral)
Bhilwara Spinners: Company Secretary and Compliance Officer, CS Anjali Jain resigned effective December 31, 2024 (Neutral)
Lemon Tree Hotels: Company announced the resignation of Ms. Jyoti Verma as Group Company Secretary & Compliance Officer, effective January 31, 2025. (Neutral)
Bank of India: Company raises USD 300 million through syndicated term loan. (Neutral)
Tata Consultancy Services: Company to Consider Q3 Results & Third Interim Dividend on Jan 9. (Neutral)
Piramal Enterprises: Company Invested Rs 10 billion In Piramal Capital & Housing Finance, Invested in Unit via Subscription to Rights Issue. (Neutral)
Super Sales India: Company has announced the acquisition of a 26% stake in Srri Shamundi Spinners Energy. (Neutral)
SRU Steels: Company announced the resignation of its Chief Financial Officer, Mr. Ankit Neema, and effective December 31, 2024. (Neutral)
Dhani Services: Company Board approved raising up to Rs 406.35 crore by issuing up to 4.5 crore warrants. (Neutral)
Canara Bank: Bank confirms Rs. 138.97 Crores annual interest payment on additional tier 1 bonds. (Neutral)
GTPL Hathway: Company to acquire 49% equity stake in GTPL vision services for Rs 113.1 million. (Neutral)
India Cement: Company Appoints Suresh Vasant Patil, as New Chief Executive Officer with effect from 1 Jan 2025 (Neutral)
Sun Pharmaceutical: Company sold its 100% stake in subsidiary Sun Pharma Japan Technical Operations Limited to Zaza Industrial Holdings K.K. for JPY 1. (Neutral)
Dredging Corp: Company announces the extension of Shri Durgesh Kumar Dubey’s tenure as Managing Director & CEO. (Neutral)
Puravankara: Company’s share in Pune Projects LLP rose from 32% to 68.26%. (Neutral)
Afcons Infrastructure: Company’s Mozambique branch received a tax demand of approximately ₹7.50 crores (Neutral)
Reliance Industries: Company announced a significant increase in its stake in Viacom18 Media Private Limited. (Neutral)
ITC: The demerger of ITC Hotels will be effective from today, Record date of January 6. (Neutral)
Auto Stocks: Price hikes in Auto sector, Maruti 4%, Tata Motors 3%, M&M 3% and others. (Neutral)
Thomas Cook: Company disclosed a cyberattack targeting its IT infrastructure. (Neutral)
Ease My Trip: Nishant Pitti sells 1.41% stake of total 14.21% stake held in EasyTrip via block deal. (Negative)
(Disclaimer: The information provided here is investment advice only. Investing in the markets is subject to risks and please consult your advisor before investing.)
(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ/ ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)
